STATE FARM PROPERTY AND CASUALTY EXAM QUESTIONS AND ANSWERS COMBINED PACKAGE SOLUTIONS

STATE FARM PROPERTY AND CASUALTY EXAM QUESTIONS AND ANSWERS duties of the insured - ANS 1. pay the premium 2. take all reasonable means to save and protect the property from loss 3. give the insurance company immediate notice of loss 4. give the insurance company proof of loss within 60 ...

State Farm Acronyms/ Fire Exam Questions And Answers AAL - ANS Agency Administrative Leader AAS - ANS Agent Advertising System ABS - ANS Agent Business System ADA - ANS Agent's Draft Authority AIP - ANS Auto Insurance Plan RMP - ANS Residual Market Plan AMS -...

State Farm Property Exam Questions And Answers In property insurance actual cash value is defined as which of the following - ANS Replacement cost at the time of the loss, less depreciation Peril is most easily defined as - ANS the cause of loss insured against What is a leading fact...

State Farm Insurance License Exam Questions And Answers Abandonment Condition - ANS A condition often contained in property insurance policies that states that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value. Accident - ANS A loss ...

State farm certification - claims adjuster Exam Questions And Answers Special Limits of Liability for 1. money - ANS $200 for money or coins whats covered under dwelling - ANS tures attached to dwelling ials/supplies on or adjacent to residence premises for construction use or altera...

State Farm Auto Exam Questions And Answers Competitive Bids - ANS The competitive bid process requires that two or more repairers submit competitive estimates or "bids" for a specific repair job. The amount of the low, complete bid is generally considered to be the "competitive" price...

State Farm Independent Auto Exam Questions And Answers Select Service Program - ANS In some market areas, repairers have been selected to participate in State Farm's Select Service Program. The program is designed to enhance claim service, increase efficiency, and afford customers an opportu...

State Farm Estimatics Exam Questions And Answers The formula for determining the area of a trapezoid is: Select the single best answer: A. [(Base1 + Base2) ÷ 2] x Height B. ½ Base x Height C. Base x Height D.

State Farm Estimatics Exam Questions And Answers Removal of shingles estimate for the actual number of squares (not square feet). No estimating or rounding Replacement of shingles a) Include waste in the calculation -10% - Composite -15% - wood b) Round up to the nearest bundle -Assume 3...

State farm auto external claim Resource Certification Exam Questions And Answers You're preparing an estimate on a customer's vehicle that requires refinishing of the hood and right front fender only. The hood is the first panel listed on the estimate. According to most Collision Estimating Gu...

Insurance Adjusting Exam Questions And Answers 10% removal squares by 1.10 - ANS Gable roofs have what waste factor so multiply what by what? 15% removal squares by 1.15 - ANS Hip roofs have what waste factor so multiply what by what? .33, .67, or whole number - ANS Always round c...

Insurance Adjuster Exam Questions And Answers Which kind of losses are covered under a standard fire policy? - ANS Direct All fires are not covered by the Standard Fire policies, only those that: - ANS are hostile and have a flame or glow At what time does a fire policy go into effect?...